TON Recruits Switzerland's Elite to Construct a Proper USDT Autobahn

The Open Network (TON) Foundation has tapped SCRYPT—Switzerland's largest stablecoin infrastructure partner—to give businesses the kind of institutional-grade USDT access that makes compliance officers sleep soundly at night.

TON already lounges on one of the world's most absurd distribution networks—over 1 billion users via Telegram integration. The network now sports more than 50 million wallets, with activity revving up across payments, trading, and digital commerce. Because nothing says "serious financial infrastructure" quite like a chat app that lets you send狗狗币 to your dentist.

SCRYPT will handle the execution, settlement, and fiat access, positioning TON as the scalable alternative to those clunky legacy settlement networks we've all been tolerating. The setup lets banks, fintechs, payment providers, and corporate treasuries access USDT on TON through a Swiss-licensed, regulated platform. Think near-instant cross-border settlement, fiat conversions, and fully compliant 24/7 on/off ramps—all the institutional bells and whistles that make TradFi types feel warm and fuzzy.

"We've put payments innovation at the centre of our strategy for growth this year," said Nikola Plecas, VP of Payments at TON Foundation. "This partnership brings more institutions into the TON ecosystem and makes the global movement of money ever more decentralised and seamless."

Gabriel Titopoulos, MD, Markets & Trading at SCRYPT, added: "Stablecoin rails are becoming the settlement layer for global payments. This partnership enables banks, payment operators, fintechs, and corporate treasuries to access stablecoins on TON with institutional-scale execution, settlement, custody, and fiat conversions."